US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy Coins

The US Secret Service is worried about the illicit use of cryptocurrencies. A high-ranking official of the agency has urged Congress to consider additional legislation to address anonymity-enhanced cryptocurrencies and services intended to obscure transactions on blockchains such as tumblers or mixers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Undermining US Laws Deputy … Read more

Malicious Monero Miners Made Off with 5% of Coins in Circulation, Over $175 Million

‘Fair’ mining and privacy altcoin, Monero (XMR), shed $175 million as a result of malicious miners hijacking what amounts to an eye-popping 5% of XRP in circulation. The findings come by way of a cyber security researcher in Northern California, investigating a noticeable trend uptick in mining thievery generally.   Also read: William Shatner Joins … Read more

Despite 2018 Bear Trend, Top Ten Crypto Markets of 2017 Gain Average of 170% in 12 Months

In our latest historic snapshot analysis, we look at the performance of the top ten cryptocurrency markets since May 28th, 2017. Despite suffering heavy losses during 2018, the average price gain of the top ten markets has been 170% when compared with prices from 12 months ago, with only one of the then leading markets … Read more

Darknet Market Rapture Has Been Down for a Week — Users Grow Leery

The website Rapture Market has been down for well over a week for users who frequent the darknet, causing concern that another DNM has committed an exit scam. Currently, the market’s customers and some vendors are freaking out as the online marketplace was gaining in popularity and enjoying solid ratings with decent uptime. However, Rapture … Read more

South Korean Crypto Exchange Korbit Drops XMR, ZEC, DASH, REP, and STEEM

South Korean cryptocurrency exchange Korbit has announced that it will no longer support the trading of five cryptocurrencies: dash, monero, zcash, augur, and steem. This announcement came just days after hacked Japanese exchange Coincheck confirmed the delisting of privacy coins. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Farewell to Five Cryptocurrencies Korbit, one of … Read more

Forget Bitcoin, These Altcoins Are Leading the Way in Merchant Adoption

Since its inception, one of the major goals of the cryptocurrency community has been the adoption of Bitcoin as a payment method for goods and services. As it stands now, consumers can use Bitcoin across a number of industries to purchase everything from real estate, to PCs, to pizza. However, Bitcoin’s high transaction costs, deflationary nature, … Read more

Monero Community Is Funding Three Independent Audits of the Bulletproofs Implementation

Cryptocurrencies regularly undergo major changes as far as their code bases are concerned. For the Monero team, there is a big focus on implementing Bulletproofs into the existing code. With a strong focus on lower transaction fees, a higher throughput, and general quality improvements, Bulletproofs require proper audits, which in turn require funding. The Monero Bulletproofs Audits … Read more

Darknet Markets: Learning How to Get There is Half the Battle

So you’ve recently heard about a place called the Deep Web, and the underground darknet markets (DNM) that reside there offering narcotics like cannabis online. Using these websites and the wares these markets sell may be illegal in your country, so learning to take the necessary precautions before visiting a DNM is an absolute must. … Read more